Overwrap Packaging: Turn an Innovative Idea into Reality With Overwrapping, Right Fit for any Application

The global overwrap packaging market continues to hold a prominent in position in the packaging sector, with a constant rise in application areas and rapid pace of introduction of packaging materials and technologies that make the packaging more beneficial for a number of specialized packaging purposes. Vast benefits of the packaging method, ranging from a massive reduction in the overall cost of packaging products in bulk, as the amount of film required for overwraps costs significantly less than complete cardboard outer or cartons, and the possibility of on-pack promotion are driving the market.

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Another highly beneficial factor that works in favor of overwrap is the minimal possibility of tampering with it. Intactness of the overwrapping film makes it evident that the product has not been contaminated since leaving the source factory. This test comes in handy to check contamination of food and beverages and pharmaceutical products. To mitigate the chances of contamination, several pharmaceutical products, which were traditionally sold in over the counter blister carton packs are being overwrapped in a number of countries.

The fact that overwrapping, unlike some packaging technologies such as shrink-wrapping, does not require excessive film for wrapping, is acting in favor of the technology as environmentalists continue to look for ways of adopting packaging technologies that produce the least amount of non-biodegradable waste. All these factors are expected to provide vast growth opportunities to the global overwrap packaging market in the next few years.

Packaging, over the past decade, surfaced as a necessity of a typical product launch strategy. Packaging is the need of all industries, which translated into the mushrooming of over thousand companies associated with packaging, including from raw material supplies to processing and from designing to printing. Packaging industry witnessed large scale technology adoption regarding films, equipment and packaging methods. Moreover, demand for elementary packaging remained intact. Overwrap packaging is one of such solution, which allows bundled wrapping of products. This form of packaging is largely used in packaging consumer products such as water bottles, tissue paper, fruits and vegetables and gift wrapping, etc. On the backdrop of growth in FMCG products, the demand for overwrap packaging also surged up and is projected to remain impressive in near future.

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The availability of a wide range of innovative packaging solutions is likely to have a significant influence on the demand for overwrap packaging market during the forecast period. Furthermore, increasing demand for convenience packaging, coupled with increasing disposable income further bolstered the overwrap packaging demand. The demand of laminated overwrap packaging is in demand due to its transparent and waterproof nature. Aluminum overwrap packaging is mostly used by food & beverage industries. The trend of overwrap packaging by making use of bio plastic is being widely adopted by packaging companies globally owing to its ecofriendly nature. Moreover, overwrap packaging is considered as one of the most convenient and user-friendly forms of packaging and is expected to showcase a promising future in the packaging industry in the next decade.

The global overwrap packaging market is segmented on the basis of product type into shrink overwrap, film overwrap, and vacuum overwrap. On the basis of material type overwrap packaging can be segmented into plastic films, aluminum foil, paper and bio plastic. The plastic films segment is further segmented into polyethylene (HDPE and LDPE), polypropylene (BOPP and CPP), EVOH and polystyrene. On the basis of application type, overwrap can be segmented into food & beverages, tobacco industries, household & toiletries, cosmetics & personal care, others (agricultural products, toys, etc.)

The global market for overwrap packaging market witnessed rapid growth in last few years. The Asia-Pacific market is expected to witness maximum growth rate in the global overwrap packaging market. However developed economies, such as Europe and North America are expected to account for the major share in the overwrap packaging market and is likely to maintain its dominance by the end of forecast period. The demand for overwrap packaging is at matured stage in the arcade of South America, Eastern Europe, and Middle East & Africa. The European market is boosted by rising consumer spending. The fasted growing Asia-Pacific region is predicted to grow at an impressive CAGR in terms of volume from 2016 to 2026. The rising middle-class population with high disposable income, and demand for convenient packaging, are driving the growth of overwrap packaging market in the Asia Pacific region

The key player of overwrap packaging market are Amcor Limited, Bemis Company Inc.,Sealed Air Corporation, Other prominent players operating in the overwrap packaging market are Ampac Holdings, WS packaging, Overwrap flexibles S.A. 

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Paper & Paperboard Packaging – Most Effective Packaging Solution As Per Consumer Requirements

Paperboard packaging is used to provide packaging solutions, largely to the consumer products. Demand for paper and paperboard packaging solutions is increasing in specific set of application areas, whereas paperboard packaging demand registered impasse growth. Paper and paperboard packaging solutions have extensive applications across several industrial verticals from healthcare to food and beverages industry and personal care to home care. Additionally, these packaging solutions are used in sectors such as freight & carrier, education and stationary, and construction. Furthermore, paper and paperboards are also used to make packaging labels, boxes, cartons and cardboard boxes.

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Companies engaged in paper and paperboard packaging solution are widening their offering from core product to consulting services to the end users for picking out the most effective packaging solution as per consumer requirements. The need for such strategy is largely due to stagnate growth in the traditional paper and paperboard manufacturing industry. In the food industry, the paper and paperboard packaging is used to pack fruits, vegetables, ice-cream, meat, etc. In the beverage industry, the paper and paperboard packaging technique is used to package milk, juices, etc., whereas, in the healthcare industry, the packaging technique is used in packing pharmaceutical products, medicines, etc.

Due to increasing consumer awareness about the ill-effects of non-biodegradable materials and rising environmental concerns, consumers are increasingly opting for environment friendly packaging solutions, thus, driving growth of the overall paper and paperboard packaging market. Moreover, increasing disposable income of people especially in the developing countries is another factor fuelling growth of the global paper and paperboard packaging market currently. Furthermore, increasing dependence on convenient foods among consumers is a key element fuelling growth of the market currently. Growing consumer awareness for sustainable packaging techniques and recyclability of paper and paperboard packaging are some of the other key factors boosting growth of the global paper and paperboard packaging market currently. Intense competition among the paper and paperboard packaging manufacturers is a key factor restraining growth of the market. Besides, prevailing fragmentation in the industry due to increasing concentration of small and medium scale manufacturers and converters is a key element acting as a restraint for growth of the global paper and paperboard packaging market currently.

The major players involved in the manufacturing of paper and paperboard packaging products include Amcor Ltd., Cascades Inc., ITC Ltd., DS Smith Plc., Packaging Corporation of America, Clearwater Paper Corporation, Mondi Group, Metsa Group, RockTenn Company, Nippon Paper Industries Co. Ltd, Svenska Cellulosa Aktiebolaget, Smurfit Kappa Group plc, Stora Enso Oyj, International Paper Company, and Sappi Limited, among others.

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Industrial Gas Regulator Market – Oil and Gas Segment Expected to Emerge as Leading Application Segment

The competitive landscape of the U.S. industrial gas regulators market is highly fragmented due to the presence of several players. However, the top three players held a dominant share of 58.6% in the overall market in 2015. The Linde Group, Honeywell Process Solutions, and Emerson Electric Co. are expected to remain in the leading position as these companies offer turnkey solutions with their backward and forward integration activities.

According to the research report, the U.S. industrial gas regulators market was valued at US$2.3 bn in 2015 and is expected to be worth US$3.0 bn by the end of 2024. During the forecast years of 2016 and 2024, the overall market is expected to rise at a CAGR of 3%.

The various gasses studied in this report are inert, toxic, and corrosive. Out of these, the demand for inert gasses is expected to remain high throughout the forecast years. This segment is expected to be worth US$1.8 bn by the end of 2024. This growth will be attributable to the booming uptake of natural gas across several industrial sectors and the growing usage of inert gas to prevent the unwanted chemical reactions that could occur during manufacturing processes.

These gasses are used in industries such as oil and gas, steel and metal processing, food and beverages, and chemicals. Analysts anticipate that the oil and gas application will emerge as the leading application segment in the coming years due to growing adoption of gas regulators for attaining accurate pressure control. In terms of revenue, the oil and gas application segment in the U.S. industrial gas regulators market is estimated to rise at a CAGR of 3.1% between 2016 and 2024.

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Product Innovation Steers U.S. Industrial Gas Regulators Market in Positive Direction

The U.S. industrial gas regulators market is expected to thrive against the backdrop of remarkable improvements in gas regulator technologies. The increasing demand for innovative products that promise improved reliability and performance is expected to play a crucial role in defining the trajectory of the overall market. Furthermore, demand is also expected to rise as newer products are expected to reduce the redundancy of work and improve safety of users.

The report states that the usage of natural gas a key fuel will also have a positive impact on the soaring demand of industrial gas regulators. For instance, the growing number of industrial boilers and furnaces have also fueled the sales of industrial gas regulators across the U.S. in recent years. Several industries such as chemicals, paper, food, manufacturing, and refining use these furnaces and boilers. As the related activities gain momentum, the demand for industrial gas regulators will also shoot up as they help to monitor, maintain, and control gas flow and pressure.

Varying Standards Make Fabrication Process Difficult

Stringent regulatory norms pertaining to the manufacturing of gas regulators is likely to hamper the growth of the overall market. As these gas regulators are used in a wide range of industrial verticals such as oil and gas, aerospace, food processing, and automotive, they have to be made with absolute accuracy. Also, fabrication of gas regulators is based on set of standards that vary with each industry verticals.

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Hygienic and Aseptic Valves Market – Automation and Modernization of Production Processes Boosts Global Market

Transparency Market Research observes that the competitive landscape in the global hygienic and aseptic valves market has quite a few leading players. Currently the players are focusing on expanding their business in emerging markets to cater to the huge potential in the developing regions. “Furthermore, companies are also looking at providing solutions to sectors such as biotechnology and pharmaceuticals to strengthen their market position,” states the lead author of this research report. Some of the key players operating in the global market are Alfa Laval AB, SOX Flow, Inc., ITT Corporation, GEA Group AG, and Pentair PLc.

The research report states that the global hygienic and aseptic valves market is expected to be worth US$9.0 bn by the end of 2025 as compared to US$6.0 bn in 2015. The market is expected to show progress of 4.8% CAGR during the forecast period.

On the basis of types of valves, the global market is segmented into hygienic single seat valves, hygienic double seat valves, hygienic butterfly valves, hygienic control valves, and aseptic valves. Of these, the hygienic single seat valves are expected to outperform all other segments. By the end of the forecast period, the segment is expected to acquire a share of 26.0% in the global market. The dominant share of this segment will be attributable to the ability of these valves to meet the strict regulations pertaining to aseptic and hygienic processes in industries such as pharmaceuticals, food and beverages, and dairy. In terms of geography, North America is leading the global market due to region’s continuous investment in expanding manufacturing facilities. The region is expected to rise at a CAGR of 7.1% between 2016 and 2025.

Automation and Modernization of Production Processes Boosts Global Market

Analysts state that the demand for hygienic and aseptic valves is likely to be on the rise in the coming years. The demand is likely to be fueled by the need to eliminate the usage of food preservatives in the food industry. Presently, several fitness-conscious and health-conscious people are focused toward reducing the consumption of food preservatives due a growing awareness about their negative impact on the human body. The majority of the processed food and beverages includes preservatives that are hampering the natural metabolism of the body. Thus, to cut down the usage of these harmful substances, food manufacturers are deploying hygienic valves in several industrial sectors.

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The market is also expected to grow against the backdrop of increasing focus on sanitary regulations especially in the food and beverages industry. The market is also being supported by growing initiatives of modernization in countries such as the U.S., China, Brazil, and India. The cooperation from several large organizations to comply with sanitary, safety, and modernization norms are collectively expected to boost the growth of the market. In the coming years, efforts to incorporate plant automation are also likely to augment the demand for these valves, state analysts.

Poor Logistics to Hamper Sales of Hygienic and Aseptic Valves

The steady future of the global hygienic and aseptic valves market is likely to be hampered by the unreliable supply of hygienic aseptic valves. The wavering quality of these valves due to changes in suppliers and poor distribution system is expected to hamper the progress of the global market. However, several companies are focusing on establishing steady logistics and supply chain solutions to solve this issue.

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Printer Market Driven by Rising Demand for Multifunction Printers in Mid-Sized Enterprises

A new Transparency Market Research report states that the Africa printer market was estimated at US$2,300.0 million in 2012 and is predicted to reach US$4,181.3 million by 2019, expanding at an 8.8% CAGR between 2013 and 2019. The title of the report is “Africa Printer Market  – Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019”.The economy in African countries is witnessing exponential growth in demand for printer technologies owing to rising energy investments and due to growth of the sector of communication and information technology. As per the African Development Bank, more than one-third of the countries in Africa hold a GDP growth rate greater than 6%. This increased growth rate has attracted global manufacturers of printers to the developing economies in Africa owing to the inconsistency in the demand for these printers globally.

As per the report, the rise in demand for multifunction printers (MFP) in mid-sized enterprises (SMEs), small and corporate enterprises, and in government agencies has fuelled the printer market in Africa. In addition, the reduced prices of printers are also augmenting their demand in Africa. On the other hand, the transferring of the workflow to the electronic format from hard copy is a key factor impeding the growth of the market.

On the basis of product type, the market for printers in Africa is segmented into lasers, inkjets, and dot-matrix printers. Amongst these, in 2012, laser printers were the biggest segment in terms of revenue share. Laser printers have surfaced as the major technology that is being utilized in MFPs. Hence, the increasing demand from the corporate segment for MFPs is helping the market for laser printers in Africa. Dot-matrix technology is witnessing growth in demand from applications that prioritize low cost of printing over the quality of the print. On the basis of end users, the market for printers in Africa is segmented into the education sector, enterprise and corporate, printing industry/media, the public sector, and the consumer sector, which includes home office users and small office users, among others.

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On the basis of geography, the printer market in Africa is segmented into ten key countries, namely Angola, South Africa, Madagascar, Botswana, Zambia, Namibia, Zimbabwe, Mozambique, Tanzania, and Rest of Africa (RoA). Amongst these, in 2012, South Africa was the biggest market and represented a share of 20.8% in the total market for printers in Africa. The rise in demand for managed print services in addition to MFP as well as large format printers have propelled the demand for printers in South Africa.On the other hand, Botswana is witnessing exponential growth in industries such as banking and finance and telecom.  Botswana is predicted to account for growing demand from the Africa printer market, due to the rising preference for MFPs and laser color printers.Canon, Inc., Brother Industries, Ltd., Hewlett-Packard Development Co. LP, Seiko Epson Corp., and Samsung Electronics Co. Ltd. are amongst the prominent players in the market for printers in Africa.

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Release Liner Market – Technology-based Release Liners to Witness Continued Increase in Consumption

As per the estimations of a fresh intelligence study by Transparency Market Research (TMR), the demand in the global release liner market will expand at a notable CAGR of 6.30% during the forecast period of 2016 to 2024. By the end of the forecast period, 2024, the report has projected the opportunities in release liner market to be worth US$17.0 bn across the globe, which is significantly higher than its evaluated valuation of US$10.0 bn in 2015.

One of the featured aspect of this TMR report is its section on competitive landscape and how it will pan out in the near future. The report detects intense battle among many vendors operating in the global release liner market, making the scenario fragmented. That being said, a few players do hold a position of strength, such as UPM, Loparex Holding B.V., Rayven Inc., Avery Dennison Corp., and Gascogne Group.

Based on labeling technology, the market for release liner market has been segmented into adhesive applied, pressure sensitive labeling, in-mold, and sleeving, with the segment of pressure sensitive labeling projected to constitute 44.0% of the overall demand by the end of the forecast period. This is primarily a reflection of factors such as increased need for packaging for pharmaceuticals and food and beverages. On the other hand, sleeving technology is also anticipated to gain considerable momentum in the near future owing to high level of efficiency provided by it to release liners. Region-wise, Asia Pacific currently serves the maximum demand, with the demand worth projected to reach a valuation of US$3.2 bn by the end of 2015. Presence of large pool of manufacturers and increasing construction of new manufacturing facilities are a few factors driving the demand of release liner from APAC.

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Advent of digital label printing technology, increasing usage of release liners in premium hygiene products, growing demand for film-based liners in medical industry, and escalating emphasis on improved labelling in various end-use industries are some of the key factors favoring the global release liner market. The report notes that the escalation in demand for release liner across the globe has been prognosticated to be on the cards owing to the growing importance of better labeling in a broad scope of end-use sectors. In addition to that, increased investments for the enhancement of packaging quality in the food and pharmaceutical sectors may prove to be a boon for the market in the near future. Moreover, the regions of Asia Pacific and the Middle East and Africa may offer a strong traction to the demand in the world release liner market as the region is emerging from its preliminary phase. Although the market has obtained some incremental improvements in the recent time, there could still be room for true innovation as marked on the part of downgauged substrates, radiation curing, and lower platinum silicone content. Other innovations that have been envisaged to take shape in the latter years of the forecast period could be fully compostable liner and adhesive and compostable films.

On the other hand growing preference for shrink sleeve labels over pressure sensitive labels, need for adequate processes to dispose release liner waste, and low purchasing power of several manufacturers are a few factors obstructing the prosperity of the global release liner market. Nevertheless, the vendors operating in this market will gain new opportunities from Pdms-based release liners for industrial applications.

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Waterproof and Weatherproof Label Market – Food Segment at the Forefront of Driving Demand in Market

The global market for waterproof and weatherproof labels has attracted immense responsiveness form the customers. The market players are expected to rely on this response of the customers and adopt novel business strategies to capture a greater market share. The leading market players include Fuji Seal International, INC., Bemis Company, Inc., LabTAG.com., Ahlstrom-Munksjö, Brady Worldwide, Inc., SYMBIO, INC, UPM Raflatac Ltd, Herma Gmbh, PMC Label, Avery Dennison Corporation, Lintec Corporation, NFI Corp, A Weber Packaging Solutions, Inc., Robos GmbH, and Co. KG, Advanced Barcode and Label Technologies, Inc., WS Packaging Group, Inc., 3M Company, ZIH Corp, and CCL Label, Inc. The competitive landscape over the coming years would reply on the moves of these key players.

The market for waterproof and weatherproof labels is expected to grow at a steady rate over the coming years. Transparency Market Research forecasts that the CAGR for the period between 2017 and 2025 would settle at 5.0%. The market that was valued at US$16.09 billion in 2017 is anticipated to escalate to a value of US$23 billion by 2025. Based on the printing technology, the market is segmented into thermal printed labels digital printed labels, flexographic printed, and lithographic printed labels. Out of these categories, the digital printed labels are expected to clock the greatest market share, expanding at a CAGR of 5.20% over the forecast period. On a geographical scale, the market for waterproof and weather proof labels can be segmented into North America, the Middle East and Africa, Latin America, Asia Pacific, and Europe. The Asia Pacific market is expected to register a CAGR of 6.6% over the forecast period, reflecting the integrity of the regional market. The bright prospects of the market owe to the prominence of the Chinese market and the need to combat hazards in retail outlets in India.

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The resistance to abrasion is one of the finest qualities of these labels, which leads up to their increasing demand. The climatic adversities cannot affect these tags, thus, reflecting their durability. This persuades the brand manufacturers to extensively use these labels for their products. The most unique feature endowed by these labels is that they can be centrally tracked, which makes it easy to stay in control of large amounts of products being transferred. This has popularized the product amongst large brands that have to consign good across several regions. The wide range of benefits offered by these labels has made them popular in multiple industries. Earlier, these labels were restricted to the hazardous products and chemicals; their usage has now spurred into pharmaceuticals, food and beverages, and consumer goods as well. A recent propensity to use foil in these labels has gained momentum because this shields the material from environmental harm. Since these labels retain the print emblazoned on them, brands who want the visibility of their logo on the product use these labels.

Popularity of Surface Printing Could Obstruct Growth

Despite the utility of waterproof and weatherproof labels, the rise of surface printing poses a major threat to the market. It is always easier to directly emblazon the brand names on the products without the use of labels, which is what surface printing does. This is a haunting factor for the market and could slow down progress. Nevertheless, the market is expected to reap the benefits of its extensive reach across several industries.

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